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An initiative to promote Financial Awareness by
BISWAJIT DAS
Diploma in Wealth Management – IIFP Delhi, Goal Planning Specialist – EDGE Learning Academy
Relationship Beyond Advising
Call – 9339288488, Mail – dbiswajitifcs@gmail.com
https://www.linkedin.com/pub/biswajit-das/1a/504/148 https://twitter.com/dbiswajitifcs https://www.facebook.com/dbiswajit.ifcs
Bank Deposit – Not So Bankable
Effective from Date Insurance Limit
1-Jan-68 Rs. 5,000/-
1-Apr-70 Rs.10,000/-
1-Jan-76 Rs. 20,000/-
1-Jul-80 Rs. 30,000/-
May 1, 1993. Rs. 1,00,000/-
http://www.dicgc.org.in/english/FD_A-GuideToDepositInsurance.html
http://www.dicgc.org.in/english/pdf/2007/AnnualrEnglish/Profile.pdf
Myth – My bank deposit are fully safe.
Reality –The principal and interest amount of
only Rs.1,00,000 (Rupees One Lakh) of every
investor is insured.

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Bank deposit – not so bankable

  • 1. An initiative to promote Financial Awareness by BISWAJIT DAS Diploma in Wealth Management – IIFP Delhi, Goal Planning Specialist – EDGE Learning Academy Relationship Beyond Advising Call – 9339288488, Mail – dbiswajitifcs@gmail.com https://www.linkedin.com/pub/biswajit-das/1a/504/148 https://twitter.com/dbiswajitifcs https://www.facebook.com/dbiswajit.ifcs Bank Deposit – Not So Bankable Effective from Date Insurance Limit 1-Jan-68 Rs. 5,000/- 1-Apr-70 Rs.10,000/- 1-Jan-76 Rs. 20,000/- 1-Jul-80 Rs. 30,000/- May 1, 1993. Rs. 1,00,000/- http://www.dicgc.org.in/english/FD_A-GuideToDepositInsurance.html http://www.dicgc.org.in/english/pdf/2007/AnnualrEnglish/Profile.pdf Myth – My bank deposit are fully safe. Reality –The principal and interest amount of only Rs.1,00,000 (Rupees One Lakh) of every investor is insured.